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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 384 $ 403
Receivables, net 542 536
Inventories 782 828
Prepaid expenses and other current assets 37 36
Current assets held for sale 9 107
Total current assets 1,754 1,910
Property and equipment, net 352 352
Operating lease right-of-use assets 951 874
Goodwill 468 464
Other intangible assets, net 42 46
Deferred income taxes 141 182
Other assets 272 321
Total assets 3,980 4,149
Current liabilities:    
Trade accounts payable 818 821
Accrued expenses and other current liabilities 930 1,005
Income taxes payable 3 17
Short-term borrowings and current maturities of long-term debt 9 16
Total current liabilities 1,760 1,859
Deferred income taxes and other long-term liabilities 118 122
Pension and postretirement obligations, net 16 16
Long-term debt, net of current maturities 164 172
Operating lease liabilities 767 693
Total liabilities 2,825 2,862
Commitments and contingencies
Stockholders' equity:    
Common stock-authorized 80,000,000 shares of $0.01 par value; issued shares-66,695,068 at September 30, 2023 and 65,636,015 at December 31, 2022; outstanding shares--37,626,086 at September 30, 2023 and 42,213,046 at December 31, 2022 1 1
Additional paid-in capital 2,744 2,742
Accumulated other comprehensive loss (121) (77)
Accumulated deficit (275) (451)
Treasury stock, at cost- 29,068,982 shares at September, 2023 and 23,422,969 shares at December 31, 2022 (1,194) (928)
Total stockholders' equity 1,155 1,287
Total liabilities and stockholders’ equity $ 3,980 $ 4,149